Firm Secures $2.67b Contract For 12 Containerships

Firm Secures $2.67b Contract For 12 Containerships

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has been awarded a contract to construct twelve containerships for an undisclosed shipowner. The order is split between HD KSOE’s two subsidiaries, HD Hyundai Heavy Industries and HD Hyundai...
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MT Prestigious Still In Custody Of Navy, Says Firm

MT Prestigious Still In Custody Of Navy, Says Firm

Newcross Exploration And Production Limited, has refuted reports on the release of MT Prestigious by the Nigerian Navy.According to the firm, the Vessel apprehended by a private security firm for allegedly stealing crude oil by a Niger-Delta Group, the Niger.....
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Firm Completes First Ship-To-Ship Transfer

Firm Completes First Ship-To-Ship Transfer

Navigator Holdings (Navigator Gas), a UK-headquartered owner and operator of a fleet of handysize liquefied gas carriers, has performed its first ship-to-ship ammonia transfer. Navigator Gas’ 38,000 cbm liquefied petroleum gas (LPG) carrier NAVIGATOR JORF re...
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World’s Largest Car Carrier Debuts

World’s Largest Car Carrier Debuts

SAIC Group, a prominent Chinese automotive manufacturer, officially named and commissioned the LNG dual-fuel car carrier SAIC Anji Sincerity. Constructed by CSSC Jiangnan Shipyard, the vessel, featuring 7,600 parking spaces, is exclusively built for SAIC Anji ...
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BYD Takes Delivery Of First Car Carrier

BYD Takes Delivery Of First Car Carrier

BYD, a China-based electric vehicle (EV) manufacturer that overtook Tesla as the world’s biggest EV seller in 2023, has taken delivery of its first car carrier which is dual-fueled. The maiden voyage ceremony for BYD Explorer No.1, the 7,000 CEU...
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Samsung Secures $240m Contract For Two LPG Carriers

Samsung Secures $240m Contract For Two LPG Carriers

South Korean shipbuilding major, Samsung Heavy Industries (SHI) has won $240 million contract to construct two very large ammonia and liquefied petroleum gas (LPG) carriers for a shipping company based in Oceania. The agreement mandates Samsung Heavy to comp...
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Shipping CEOs Seek End To Fossil-Only Powered Newbuilds

Shipping CEOs Seek End To Fossil-Only Powered Newbuilds

The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory condition...
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Hyundai Rolls Out Low-Carbon Electric Propulsion System For Large Ships

Hyundai Rolls Out Low-Carbon Electric Propulsion System For Large Ships

HD Korea Shipbuilding & Marine Engineering and HD Hyundai Heavy Industries (HHI), affiliates of HD Hyundai Shipbuilding, has received approval in principle (AIP) for the low-carbon electric propulsion system (phase II) for solid oxide fuel cell (SOFC) batt...
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MSC, Seaspan Welcome New 24k TEU Boxship

MSC, Seaspan Welcome New 24k TEU Boxship

The sixth 24,000TEU ultra large container ship MSC Micol built by Yangzi Xinfu Shipbuilding, a subsidiary of Yangzijiang Shipbuilding Group, was delivered to the shipowners Seaspan and Mediterranean Shipping Company (MSC) and put into operation.  the vess...
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COSCO Takes Delivery Of Multi-Purpose Ship

COSCO Takes Delivery Of Multi-Purpose Ship

COSCO Shipping Special Carriers have welcomed into the fleet its second 68,000-ton ice-class multi-purpose pulp ship, named Green Kotka. The methanol-ready ship was built by Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. The Green Kotka is desig...
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Evergreen Confirms $5b Deal For 24 Methanol-Fueled Ships

Evergreen Confirms $5b Deal For 24 Methanol-Fueled Ships

Taiwanese container shipping major,  Evergreen Marine has sealed the order for twenty-four methanol dual-fuel containerships in a monumental step toward decarbonizing its fleet.  World Maritime News report that the construction deal has been div...
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Maersk, CMA CGM, Evergreen Stake $5b On 44 Ships

Maersk, CMA CGM, Evergreen Stake $5b On 44 Ships

The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to 44 containerships, valued at over $5 billion. World Maritime News report that Evergreen has emerged as ...
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World’s First 22,000cbm Multi-Gas Carrier Gets LR, LISCR Nod

World’s First 22,000cbm Multi-Gas Carrier Gets LR, LISCR Nod

Lloyd’s Register (LR) and the Liberian International Ship & Corporate Registry (LISCR) have awarded design approval to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hyundai Mipo Dockyard (HMD) for the development of the world’s first 2...
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NPA Receives 17 Ships Laden With Petroleum Products, Frozen Fish, Others

NPA Receives 17 Ships Laden With Petroleum Products, Frozen Fish, Others

The Nigerian Ports Authority (NPA) on Wednesday said 17 ships at the Lagos Port Complex were discharging petroleum products and other items. NPA listed other items being discharged as general cargo, container, bulk urea, bulk wheat, bulk sugar, bulk salt,...
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